Lately, analysts have been split on the bull run’s timeline. Some think it’s over and we’re heading to a bear market, while others say it’s still going strong, possibly until next year. This isn’t why we’re here, though.
Thoughts on the Recent Bull Run Performance
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shard_2013Full Member
Posts: 207 · Reputation: 287
#2Mar 4, 2024, 08:53 PM
Honestly, I thought Bitcoin would hit around $100,000 and then drop, but it soared past $124,000. That was unexpected for me. Since I got into this back in 2019, Bitcoin has consistently surprised me with its performance.
If I’m right, Bitcoin’s all-time high is at $124. I’m not sure if we’re in a bear market or still on a bull run, but I think it’s performed well overall. No high expectations here; just planning to buy more and hold for the long haul.
I’m not expecting much from Bitcoin this year. My goal? To sell when it hits $1 million, no matter how long that takes.
Am I satisfied? Absolutely! Bitcoin has exceeded my expectations. I was genuinely shocked when it went past $100k. Sure, it’s unpredictable, but I expect anything from the market now.
So many people raised their expectations after Bitcoin hit $100k. Personally, I believe it’s done better than most of us thought it would. Still more to come, right?
I remember when Bitcoin hit that $100k milestone. The excitement was unreal! We all thought it would stop there, but it surprised us by reaching up to $124k.
I genuinely didn’t think Bitcoin would hit this current ATH. But with all the adoption and institutional interest, my views have changed. This ATH feels like just a starting point.
I think Bitcoin's performance has been solid. I’m not stressing over bull or bear markets. I trust Bitcoin will bounce back eventually.
Bitcoin’s always outdone our expectations. Hitting that ATH was something we didn’t foresee. Everyone thought it would struggle to reach $100k, but then it soared.
sigma_minerNewbie
Posts: 37 · Reputation: 8
#11Mar 6, 2024, 05:13 PM
Market sentiment varies wildly based on entry points. If you bought in during the last dip, you’re probably feeling pretty great right now. But those who got in at $100k may feel a little rekt.
chris_chainMember
Posts: 17 · Reputation: 43
#12Mar 6, 2024, 07:51 PM
If the bull run is over, I’m still not pleased. I wanted at least a double from the last ATH, like $129k, but $124k isn’t far off.
The outcome of this bull run really depends on when you entered. If you started back in 2022 during the consolidation phase, the gains have been life-changing.
Honestly, I’m satisfied with Bitcoin’s rise. I thought it would hit $100k but never expected it to go beyond that so soon.
You gotta be realistic, though. People dreaming about $1 million per Bitcoin better hold tight. Those prices are likely more than a decade away.
king_matrixMember
Posts: 52 · Reputation: 163
#16Mar 9, 2024, 02:16 PM
I think Bitcoin has done better than most expected. But let’s keep it real; we might not see $1 million anytime soon.
Bitcoin has broken so many expectations this year. I’m really impressed with its performance and still hopeful for more to come.
This cycle feels different because people are expecting these major corrections. But I see Bitcoin just gradually rising, hitting new highs before pulling back.
s4t0shi_viperMember
Posts: 8 · Reputation: 55
#19Mar 11, 2024, 04:31 AM
For me, if this bull run is over, it did underperform because I was looking for another peak this year.
diamondhandsHero Member
Posts: 79 · Reputation: 2112
#20Mar 11, 2024, 08:30 AM
I’m not thrilled about the way things are going. I thought we’d see the ATH again soon, not be stuck backtracking.